Technical analysis by Thebitcoin37 about Symbol ADA: Buy recommendation (7/29/2025)

1. Market Structure & Break of Structure (BoS): The chart shows a bullish Break of Structure (BoS) marked by “X”, where price broke above previous highs with strong momentum, confirming a shift in structure from bearish to bullish. This BoS indicates institutional buying interest and a potential continuation of the bullish trend after a retracement. 2. Retracement & Current Price Action: After forming a short-term high around 0.8080, price began to pull back, forming lower highs and lower lows. The current price is consolidating around 0.7948, signaling indecision or temporary relief before further movement. 3. Liquidity Engineering – Sell-Side Liquidity (SSL): There is a cluster of equal lows (SSL) just above the 0.7870–0.7880 zone. This liquidity has not been swept yet, and it’s likely that smart money will drive price below it to trigger stop losses and induce sellers, creating the fuel for a bullish reversal. 4. Key Demand Zone – OB + FVG: Below SSL lies a powerful confluence zone: A Bullish Order Block (OB), which represents the last down candle before the bullish move that broke structure. An overlapping Fair Value Gap (FVG), indicating an imbalance that price has not yet filled. This OB + FVG zone is marked in blue, approximately between 0.7850–0.7880, and serves as the primary Point of Interest (POI) for a high-probability long entry. 5. Anticipated Move: Expected scenario: Price is likely to sweep the SSL, tap into the OB + FVG zone, and then show bullish confirmation (such as a bullish engulfing or change of character). If confirmed, we can look for a long position from the demand zone. 6. Entry Plan (SMC-based): Entry: Inside the OB + FVG zone (0.7850–0.7880), after bullish confirmation. Stop Loss: Below the OB zone (around 0.7830). Target 1: Recent high near 0.8080. Target 2: Extended TP near 0.8150 for a 1:2 or 1:2.5 RR. ✅ Summary: ADA/USDT has broken structure to the upside, but price is currently in retracement. With SSL liquidity still intact and a clean OB + FVG demand zone below, we expect a sweep of lows followed by a bullish reversal. A high-probability long setup may form once price reacts from the demand zone with clear confirmation.